Non applicability of Regulation 24 A of Annual Secretarial Compliance Report. The listed entity having paid up capital not exceeding rupees ten crore and net worth not exceeding rupees ....
Awaiting price reaction for this filing.
Max Alert Systems Ltd has informed BSE that Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 does not apply to the company. The regulation requires listed entities to file an Annual Secretarial Compliance Report. However, under Regulation 15(2), companies whose securities are listed on the SME Exchange are exempt from this requirement. Since Max Alert Systems is listed on the SME Exchange, it is not required to submit this report. The company stated it will continue to comply with all other applicable listing compliance requirements. The letter is signed by Managing Director Amit Vengilat and dated May 28, 2025.
This is a routine procedural filing with no material impact on shareholders or the stock price. It simply confirms regulatory exemption applicable to SME-listed companies and does not affect the company's operations, financials, or governance standards beyond the specific report in question.